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Mandatory appointment letters, fixed work hours, social security benefits among key changes in new labour Codes
The Ministry of Labour & Employment has also taken steps to...
Govt to table Bill to hike FDI in insurance sector to 100% in Winter session of Parliament
A bill seeking to open up the civil nuclear sector for private...
Most life insurance companies buck rallying market trend on new norms on surrender value of policies
According to a draft released Wednesday, the Insurance Regulatory and Development Authority has proposed a much higher surrender value on non-par insurance products and made a few changes in the way surrender charges have been calculated. Now, there will be a premium...
Mutual funds’ SIP collection soars to Rs 1.66 lakh cr in 2023; lower ticket size to push inflow
Earlier this month, Sebi Chairperson Madhabi Puri Buch said the regulator is working with mutual funds to make SIPs of Rs 250 viable for the general public, leading to increased investments Investors are placing significant bets on systematic investment plans, or...
India’s doctor-population ratio 1:834: Minister
According to the National Medical Commission (NMC), there are 13,08,009 allopathic doctors registered with the State Medical Councils and the National Medical Commission (NMC) as on June, 2022, Pravin Pawar said in a written reply New Delhi: India's doctor-population...
MoRTH aims to halve road accidents and casualties by 2030: Gadkari
Nitin Gadkari,Union Minister,Ministry of Road Transport and Highways According to the latest report by Ministry of Road Transport and Highways (MoRTH), the number of road accidents in India went up 12 per cent to over 4.6 lakh in 2022, resulting in deaths of 19 people...
Nifty, Sensex break all records on Monday opening
After a brief two-day consolidation, the Nifty resumed its upward trajectory, advocating for a recommended trading strategy to retain long positions with a trailing stop-loss mechanism. Opening at 70,024.52, the Sensex surged 201.43 points, setting the tone for a...
MoF rejects unions’ concerns, stoutly defends ongoing restructuring of PSU general insurance cos
The PSU general insurance companies are board governed commercial entities operating in a competitive and regulated market. This entities are empowered to take appropriate decision in such a matter in compliance with regulatory framework and guidelines, said Bhagwat...
Cyclone Michaung: Economic and Insured losses of Chennai floods will be much less than 2015 event
Preliminary estimate of 5th December devastation out of Cyclone Michaung in Tamil Nadu indicate the economic losses of around Rs 12,000 crore for the state and insured losses limited between Rs 1,500 crore to Rs 2000 crore Chennai: With all its fury and...
Govt makes air-conditioned truck cabin mandatory from Oct 2025
Recently, Union Road Transport Minister Nitin Gadkari said that truck drivers play a key role in the transport sector, one of the most important areas for India, and there is a need to address issues regarding their working conditions and state of mind New Delhi: All...
Auto cos unveil comprehensive service plan to serve flood-affected customers
"The cyclone Michaung has had a severe impact on the lives and belongings of people as the affected cities got flooded. We have announced a special service campaign under which we are offering a comprehensive check-up apart from substantial support on labour and spare...
Govt has issued notices Shah Rukh Khan, Akshay Kumar, Ajay Devgn in gutka ad case: Allahabad HC told
A bench of justice Rajesh Singh Chauhan had earlier directed the central government to decide the representation of the petitioner, who had originally contended that action should be taken against the actors and dignitaries who were given high profile awards but were...